Friday, July 29, 2011

Debt ceiling: House approves revised Boehner plan

Debt ceiling: House approves revised Boehner plan - latimes.com
After a belabored and bruising struggle to appease conservatives, the House of Representatives has passed Speaker John A. Boehner's bill to raise the debt limit and reduce the deficit.

The bill passed on a 218-210 vote, winning no Democratic support while losing 22 Republicans. It now moves to the Senate, where Democratic Majority Leader Harry Reid has said it will go nowhere.

With just four days left before the government can no longer pay all of its bills, Reid is working on a separate proposal aimed at winning support for Republican moderates in that chamber.

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